61761 Home Values & Market Trends

There are 68 homes currently listed for 61761. 61761 real estate market trends show that home prices range from $47,500 to $710,000, and the median sales price in the 61761 zip code is $228,562.51. The total number of properties sold within the past twelve months is 683. In 61761, 26 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.

61761 Real Estate Market Overview

CityMedian Est. Value
Normal

$ 239,360

$ 94/sqft

Housing Market Summary for 61761

Apr 2023March 2024Change
Median Listing Price$180K$224.5K24.72%
Median Sold Price$217.2K$224.5K3.37%
Homes For Sale8066-17.50%
Homes Sold352348-1.14%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 61761

The median list price of a home in Normal, is $228,562.51. A total of 68 properties are for sale, and the percentage of properties for sale in the zip code is 68.00%. The total count of 61761 properties is 12,143.

Foreclosure
There is 1 cities within 61761; within this cities, the median estimated home value for homes in foreclosure ranges from $520,600 in normal to the lowest value of $132,442 in normal. Foreclosure homes account for 0.00% of properties in 61761 with normal containing 26 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.20% of all residential properties in 61761 with normal containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61761; of that cities, the estimated home value for pre-foreclosure homes ranges from $520,600 in normal to the lowest home value of $132,442 in normal.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61761 ranges from the highest value of $288,576 in normal to the lowest value of $162,619 in normal. Bank owned homes and properties account for 0.02% of properties in 61761. There is 1 cities within 61761; normal containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 61761. Auction homes and other auction properties account for 0% of all properties in 61761. There is 1 cities within 61761; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in 61761 with normal containing 68 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61761; homes for sale in that cities, have a range of median values from $863,771 in normal to the lowest value of $97,672 in normal.
    Sold Homes
    The median value for recently sold homes ranges from $1,136,882 in normal to the lowest price of $30,126 in normal. There is 1 cities within 61761. normal has 352 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.90% of properties in 61761.

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      Guide for 61761

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 61761

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